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Correlation of expense and inflation by country and year

Updated: 94d ago

This scatter chart displays expense (% of GDP) against inflation (annual %). The data is about countries per year.

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This chart uses 2 fields, including filters:

  • Expense (% of GDP): Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.
  • Inflation (annual %): Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

This chart is based on data from: World Bank.

This chart can be used under the CC BY 4.0 license.